Economics of Universal Basic Income

posted by John Smith | 35pt
November 17, 2016

I'd like your professional analysis of a real-world Universal Basic Income, which is based on the co-op models in your democracy at work platform. I met the developers of the Resilience platform and they have hit the nail on the head but I'd like to get a second opinion, namely yours, on if it will work as designed, any weaknesses, pitfalls, etc. Here's the whitepaper:
http://emailsareobsolete4.wixsite.com/resilience/whitepaper
FYI, this will be shared with a much wider audience which includes the posthuman groups, transhumans, zero state, etc. Roughly 20,000 people

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Richard D. Wolff is Professor of Economics Emeritus at UMass Amherst and a visiting Professor in the Graduate Program in International Affairs of the New School University in New York. Richard Wolff is also a co-founder and active contributor of his non-profit: Democracy at Work